GIFT BY HOUSTON COMPANY PROMOTES SCIENCE AND ENGINEERING

Contact: John Varrasi 212-705-8158 [email protected]

July 18, 1997

The M.W. Kellogg Company in Houston has pledged $100,000 to a foundation operated by ASME International (American Society of Mechanical Engineers), a gift which will be put toward programs to enhance science, technology and engineering throughout the world.

M.W. Kelloggís donation together with generous gifts from other companies and individuals gives the ASME Foundation a strategic financial resource to foster change and improvement.

Funds will be used to develop continuing education programs for practicing engineers, arrange the participation of scientists and engineers in the nationís public policy process, and promote math and science learning among students, particularly at the pre-college level.

ìEngineers are major contributors to workplace safety, environmental remediation, new products and ideas, and many other areas impacting the quality of life around the world,î said Jack Stanley, chairman and chief executive officer of M.W. Kellogg. ìLifelong learning and continuing education and training -- two ASME goals that we also strongly support -- are keys to keeping engineers competitive in these areas and at the forefront of our countryís progress.î

M.W. Kellogg is involved in the design and construction of petrochemical facilities and development of advanced chemical processing technologies for clients around the world. M.W. Kellogg, a wholly owned subsidiary of Dallas, Texas-based Dresser Industries, Inc., has 4,000 employees worldwide, including many in the Houston area.

Future programs include a wider implementation of the total quality management program, plant safety, and the development of new cost-saving technologies in the chemical processing area.

ASME International is a 125,000-member technical organization focused on technical, educational and research issues. It conducts one of the worldís largest technical publishing operations, holds approximately 30 technical conferences and 200 professional development courses each year, and sets many internationally recognized standards for industry and manufacturing.